Northwestern Mutual Wealth Management Co. Increases Stake in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Northwestern Mutual Wealth Management Co. increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 17.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 226,896 shares of the company’s stock after buying an additional 32,886 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $19,002,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. DecisionPoint Financial LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.9% during the fourth quarter. DecisionPoint Financial LLC now owns 539,643 shares of the company’s stock valued at $45,195,000 after buying an additional 15,021 shares during the period. Coyle Financial Counsel LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 17.1% in the third quarter. Coyle Financial Counsel LLC now owns 173,219 shares of the company’s stock valued at $14,569,000 after purchasing an additional 25,336 shares during the last quarter. Arrowpoint Investment Partners Singapore Pte. Ltd. purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at about $715,000. Atria Investments Inc grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 9.4% in the third quarter. Atria Investments Inc now owns 159,010 shares of the company’s stock valued at $13,374,000 after purchasing an additional 13,632 shares during the last quarter. Finally, Ameritas Investment Partners Inc. grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 7.9% in the third quarter. Ameritas Investment Partners Inc. now owns 234,801 shares of the company’s stock valued at $19,749,000 after purchasing an additional 17,222 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT opened at $82.85 on Monday. The business’s 50-day moving average is $82.69 and its two-hundred day moving average is $83.48. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $81.00 and a 1 year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, May 5th. Shareholders of record on Friday, May 1st were paid a $0.3262 dividend. This represents a c) annualized dividend and a yield of 4.7%. The ex-dividend date was Friday, May 1st.

Vanguard Intermediate-Term Corporate Bond ETF Company Profile

Vanguard Intermediate-Term Corporate Bond ETF seeks to track the performance of the Barclays Capital U.S. 5-10 Year Corporate Bond Index, a subset of the Barclays Capital U.S. Aggregate Float Adjusted Index. The Barclays Capital U.S. 5-10 Year Corporate Bond Index measures the investment return of U.S. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc provides investment adisory services to the Fund.